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The Chinese EV maker posted a sharply narrowed net loss and a significant rise in revenue for the first quarter, and expects another strong quarter to follow as it edges closer to profit.
Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB45.28 billion (US$6.24 billion) as of March 31, 2025 Quarterly total revenues were RMB15.81 billion, a 141.5% increase year-over-year Quarterly gross margin was 15.6%, an increase of 2.7 percentage points over the same period of 2024 Quarterly vehicle margin was 10.5%, an increase of 5.0 percentage points over the same period of 2024 GUANGZHOU, China, May 21, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its unaudited financial results for the three months ended March 31, 2025. Operational and Financial Highlights for the Three Months Ended March 31, 2025 2025Q1 2024Q4 2024Q3 2024Q2 2024Q1 2023Q4 Total deliveries 94,008 91,507 46,533 30,207 21,821 60,158 Total deliveries of vehicles were 94,008 for the first quarter
XPeng stock price has stagnated in the past few weeks, but this could change when the Tesla and Nio rival publishes its financial results for the first quarter. XPEV was trading at $20.67, down by 23% from its highest point this year, and 28% above its lowest level this year.
Welcome to the Green Stock News brief for Thursday May 15th. Here are today's top headlines: XPENG (NYSE: XPEV) has revealed the next-generation P7, a bold evolution of its electric sports car that combines AI-powered luxury, advanced Turing Smart Driving, and an immersive smart cockpit.
CEO He Xiaopeng: "P7 is more than a car - it is XPENG's answer for the AI era in form and function". Chief Designer Rafik Ferrag: "The original P7 was a milestone for XPENG and a turning point in China's EV landscape.
XPeng Inc. Sponsored ADR (XPEV) closed at $20.77 in the latest trading session, marking a -1.66% move from the prior day.
Since I last covered NIO and XPEV, but companies' gross profit margins have substantially recovered, now far surpassing their U.S. competitors such as Ford. U.S.-China tariff negotiations pose less downside risk for NIO and XPEV compared to U.S. auto stocks in my model. NIO and XPEV's reliance on imported parts is far lower than U.S. automobile manufacturers.
Welcome to the Green Stock News brief for Tuesday May 13th. Here are today's top headlines: Toyota (NYSE: TM) has unveiled its 2026 bZ Battery Electric Vehicle, featuring improved range, including a new 74.7-kWh battery offering up to 314 miles of range.
AMSTERDAM, May 13, 2025 (GLOBE NEWSWIRE) -- XPENG, a globally-orientated high-tech automotive company, has partnered strategically with Plugsurfing, one of Europe's largest EV charging service provider, to access over 940,000 charging points across 27 countries – creating a powerful, transcontinental charging network that links Europe and Asia.
Chinese electric vehicle maker Xpeng Inc (NYSE:XPEV) is reported to be mulling a flotation of its flying car business in Hong Kong or New York. The Guangzhou group has invited banks to pitch for a role to help the Xpeng AeroHT initial public offer, Bloomberg reported, citing people familiar with the matter.